PYXS vs SPY comparison¶
PYXS vs SPY performance comment¶
Market Performance Metrics Overview¶
| Metric | Data1 | Data2 |
|---|---|---|
| High | 3.29 | 488.77 |
| Low | 1.79 | 466.43 |
| Close | 3.14 | 485.39 |
| Start Price | 2.06 | 472.65 |
| Gain % | 52.43% | 2.70% |
| Annualized Gain % | 797.33% | 40.99% |
| Annualized Volatility % | 117.69% | 10.06% |
| Max Drawdown % | -10.12% | -1.14% |
| Sharpe Ratio | 6.61 | 4.49 |
The Start Price indicates the price at which the market opened over the given period. Data1 started at 2.06 and Data2 at 472.65, suggesting a lower initial price for Data1.
The Gain % measures the percentage increase in value from the start to the end of the period. Data1 experienced a gain of 52.43%, significantly higher than Data2's gain of 2.70%.
The Annualized Gain % represents the annual rate of return for the investment. Data1's annualized gain of 797.33% is substantially higher than Data2's 40.99%.
Annualized Volatility % measures the variation in trading price over the period. Data1's higher volatility at 117.69% indicates greater price fluctuations compared to Data2's 10.06%.
The Max Drawdown % indicates the maximum loss experienced from a peak in value to a trough. A lower drawdown signifies less risk. Data1's drawdown at -10.12% is greater than Data2's -1.14%, suggesting higher risk.
The Sharpe Ratio evaluates the return of an investment relative to its risk. Data1's higher Sharpe Ratio of 6.61 implies better risk-adjusted returns compared to Data2's 4.49.
Market Commentary¶
The comparison of market tickers PYXS (Data1) and SPY (Data2) over the 60-day period from December 16, 2023, to January 25, 2024, reveals notable differences in performance metrics.
Data1 exhibited substantially higher gains and annualized returns, with a significant increase in price compared to Data2. However, this performance was accompanied by higher volatility and a more substantial drawdown, indicating higher risk. Despite this, the Sharpe Ratio for Data1 suggests better risk-adjusted returns.
On the other hand, Data2 demonstrated lower gains and annualized returns, along with lower volatility and drawdown, indicating a more stable performance with relatively lower risk. However, the Sharpe Ratio for Data2 still reflects favorable risk-adjusted returns.
In summary, while Data1 presented higher potential for returns, it also carried higher risk, as indicated by greater volatility and drawdown. In contrast, Data2 offered a more stable, albeit lower, performance with reduced risk. Investors should carefully consider their risk tolerance and investment objectives when analyzing these market tickers.
PYXS YTD Return (Daily)¶
Comment on YTD Total Returns Results of PYXS¶
Performance Overview¶
The Year-to-date (YTD) open for PYXS was 1.79 and the YTD close was 3.14, indicating a YTD Gain % of 52.43%. The YTD Annualized Gain % is exceptionally high at 797.33%, reflecting strong performance over the period. However, the YTD Annualized Volatility % is also high at 117.69%, suggesting significant price fluctuations. In terms of risk, the YTD Max Drawdown % was -10.12%, indicating a moderate level of risk. The YTD Sharpe Ratio stands at 6.61, signaling a very high risk-adjusted return. In the previous year, the Last Year Annualized Gain % was 30.43%, with an Annualized Volatility % of 108.39 and a Max Drawdown % of -76.67, highlighting the high risk involved.
Historical Performance¶
Excluding the current year, the Historical Annualized Volatility % is 95.77%, and the Historical Annualized Gain % is -44.65%. The Max Drawdown in Data (excluding current year) % is -91.64%, portraying the historical maximum loss.
Average Metrics¶
The Average Sharpe Ratio for All Years (Excluding Last) is -0.47, indicating a comparatively lower risk-adjusted return. Moreover, the stock’s Current average annualized volatility is 110.03%, showing persistent price swings. The Average annualized volatility a month ago was 92.21%, suggesting an increase in volatility over the past month.
Current Market Condition¶
The PYXS stock’s Current last close stands at 3.14, and the Current MA 200, MA 50, and MA 5 are 2.36, 1.87, and 2.67 respectively. Given that the current close is higher than the MA values, the stock may be considered bullish and in an uptrend. However, the rising volatility can amplify the risks associated with the investment. Overall, the stock has displayed impressive performance metrics with high returns and volatility. However, it is important for investors to carefully consider the risks associated with the stock, particularly the high volatility and drawdowns.
PYXS Annual Dividends¶
No dividends.
Published: 2024-01-25
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